The European Commission has submitted to member states a new draft of sanctions against Russia, including an oil embargo. Some member states that rely heavily on Russian energy sought exemptions.
Western media reported that the European Commission draft of the sixth round of sanctions against Russia includes within six to eight months gradually banning oil imports from Russia, but allowing Hungary and Slovakia to extend the transition period for several months; The Russian Savings bank and other large financial institutions on the sanctions list.
The European Union has imported 44 billion euros of fossil fuels from Russia since Russia launched its special military operation against Ukraine in late February, according to Finland's Energy and Clean Air Research Center.
The Institute for European and Global Economics in Brussels estimates that the European Union currently consumes about $450 million worth of Russian oil a day.
Among EU members, landlocked Hungary and Slovakia, which import most of their oil from Russia, cannot quickly find alternative supplies. Slovakia says the transition will take years. Some officials believe Bulgaria and the Czech Republic may also seek to opt out of oil sanctions against Russia.
Affected by the ever-changing international situation, the supply and prices of international bulk Nitinol are still very uncertain.
What is Nitinol?
Nitinol is a shape memory alloy, which is a special alloy that can automatically restore its own plastic deformation to its original shape at a certain temperature. Its expansion rate is more than 20%, its fatigue life is up to 1*10 to the 7th power, its damping characteristics are 10 times higher than that of ordinary springs, and its corrosion resistance is better than the current best medical stainless steel, so it can meet various engineering and It is a very excellent functional material for medical application requirements.
In addition to its unique shape memory function, memory alloys also have excellent characteristics such as wear resistance, corrosion resistance, high damping and superelasticity.
Special properties of Nitinol
Shape memory: When the parent phase of a certain shape is cooled from above the Af temperature to below the Mf temperature to form martensite, the martensite is deformed at a temperature below Mf, and heated to below the Af temperature, accompanied by reversal. Phase transition, the material will automatically return to its shape in the parent phase. In fact, the shape memory effect is a thermally induced phase transformation process in Nitinol.
Superelasticity The so-called superelasticity refers to the phenomenon that the specimen produces a strain far greater than the elastic limit strain under the action of external force, and the strain can automatically recover when unloaded. That is, in the state of the parent phase, due to the action of external stress, the stress-induced martensitic transformation occurs, so that the alloy exhibits mechanical behavior different from ordinary materials. Its elastic limit is much larger than that of ordinary materials, and it no longer obeys Gram's Law. In contrast to shape memory properties, superelasticity has no thermal involvement. All in all, hyperelasticity means that the stress does not increase with the increase of strain within a certain deformation range, and hyperelasticity can be divided into linear hyperelasticity and nonlinear hyperelasticity.
In the former stress-strain curve, the relationship between stress and strain is close to linear. Nonlinear superelasticity refers to the result of stress-induced martensitic transformation and its inverse transformation during loading and unloading in a certain temperature range above Af, so nonlinear hyperelasticity is also called transformation pseudoelasticity. The phase transformation pseudoelasticity of Nitinol can reach about 8%. The superelasticity of Nitinol can vary with the heat treatment conditions, and when the archwire is heated above 400ºC, the superelasticity begins to decrease.
Corrosion resistance: Studies have shown that the corrosion resistance of nickel-titanium wire is similar to that of stainless steel wire
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Gas supplies have been in short supply because of the conflict between Russia and Ukraine. Combined with the situation that other renewable sources cannot produce enough electricity, electricity prices have soared in many parts all over the world. For this reason, I assume the supply and prices of the Nitinol would keep being influenced by the high energy prices.
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